Great Ajax Corp (AJX) Tops Q3 EPS by 1c

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Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2021

November 4, 2021 4:05 PM EDT

Third Quarter Highlights

Interest income of $23.1 million; net interest income of $14.4 million Net income attributable to common stockholders of $9.3 million Basic earnings per common share (EPS) of $0.40 Book value per common share of $16.00 at September 30, 2021 Taxable income of $0.43 per common share Formed one joint venture that acquired $517.7 million in unpaid principal balance ("UPB") of mortgage loans with collateral values of $968.6 million and retained $54.7 million of varying classes of related securities issued by the joint venture to end the quarter with $479.6 million of investments in debt securities and beneficial... More